Freight Exchange Company Angered by Government Increase of Petrol Prices

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A haulage company speaks out against the planned increase of fuel duty revealed by the government today.

Haulage Exchange, a well known freight exchange company, spoke out today against the proposed government plans to raise the price of fuel. The company, which acts as a go between for lorry drivers and people needing loads transported, is angered by what they call "the double standard" the government is working with, saying they are acting "in a two faced manner not conducive to the continued survival of small to medium sized companies in Britain".

In comments released today, the haulage company bitterly condemned the new tax level and spoke out against the price rise:

"Things are tough enough without yet more taxes being levied on top", said Lyall Cresswell, the Managing Director of Haulage Exchange. "We've kept going though the credit crunch and economic problems of recent years, and will continue to do so, but we didn't expect the government to make things harder." His sentiments were echoed by many of the independent drivers and small haulage companies that work with Haulage Exchange.

The problem stems from the government's plan to increase fuel duty by £1.84 a litre as of April 1st. This comes as a mixed signal from the government as to its priorities; higher costs will often mean unemployment, though it is thought that the price increase may have a positive environmental impact. The fluctuating cost of petrol makes business planning hard, but before Christmas the dropping cost of fuel was seen as one positive for the haulage industry. However, after Christmas the price has risen again, and with this new level of fuel duty added on it seems haulage companies like Haulage Exchange will be battling on several fronts in the coming year.

"I'm confident we'll make it" says Cresswell. "We're lean, economically streamlined and competitive as it is. As a company we are more worried about the lorry drivers and firms we work with being hit hardest - the PED of fuel means that larger oil companies can pass the costs on to them without much if any loss themselves. All the cost is transferred to the road user, which won't help business in the current economic climate"

The move by the government will in some sectors all but wipe out the effects of previous tax cuts, such as the reduction of VAT to 15% late last year, that were designed to increase spending and business.

"We're all for environmental moves" says Cresswell "we just think there are much more effective measures that could be taken as opposed to increasing tax and stifling businesses like ours that rely on lorries and lorry drivers".

About The Transport Exchange Group

With offices in London and Nottingham, The Transport Exchange group operate two of the largest haulage exchanges in Great Britain. Haulage Exchange (http://www.haulageexchange.co.uk) is one of the UK's leading independent haulage exchanges for the 7.5 Tonne market and beyond, while its sister site, Courier Exchange (http://www.courierexchange.co.uk), is the UK's biggest exchange for express and same day movements and is now in its ninth year of trading.

Membership of the exchange is limited to accredited transport professionals, and offers them the chance to buy and sell domestic and international road transport industry services such as full loads, backloads, return loads, freight forwarding, and road haulage.

For more information, please contact Lyall Cresswell:

Haulage Exchange
Cumberland House
80 Scrubs Lane
London
NW10 6RF

+44 (0) 870 241 1472

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Lyall Cresswell
Haulage Exchange
+44 (0) 870 241 1472
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